Save 1000s Each Month Thinking Like A Supply Chain Expert

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Learn the skills to be a Supply Chain professional by aligning goals, improving efficiencies and increasing returns

Last updated 2022-01-10 | 4.3

- 24 instructor lead and independent exercises and solutions
- 40 quiz questions & solutions.
- Gain an understanding of Demand and the types of demand.
- Learn to spot the different patterns of demand.

What you'll learn

24 instructor lead and independent exercises and solutions
40 quiz questions & solutions.
Gain an understanding of Demand and the types of demand.
Learn to spot the different patterns of demand.
Learn to forecast demand using various forecasting techniques
which is the easiest method
which method will give you the best results.
Understand forecast error and how to deal with it.
Gain an understanding of Manufacturing.
Learn the different manufacturing strategies and what environment is suitable for your product.
Learn about the Product Life Cycle and how it influences the manufacturing strategy.
Learn about the various manufacturing processes and layouts in relation to the product.
Gain an understanding of Production Planning.
Learn the strategies for developing a Production Plan.
Learn Resource Requirements Planning (RRP) to check the capacity needed for the Production Plan.
Gain an understanding of the Master Production Schedule and its relationship to the Production Plan.
Create a Master Production Schedule
understand Projected Available Balance (PAB).
Learn Rough Cut Capacity Planning (RCCP) to check the capacity needed for the Master Production Schedule (MPS).
Learn the planning tool Available-to-Promise (ATP) and its relationship to making commitments to customers.
Gain an understanding of Material Requirements Planning.
Learn about a Bill-of-Material and its importance to Material Requirements Planning.
Learn about Manufacturing Lead-Time.
Understand how MRP logic works and learn the use of lead-time Offsetting and Exploding.
Learn how MRP software works - understand Planning Orders
Released Orders
MRP Action Messages and MRP Exception Messages.
Learn Capacity Requirements Planning (CRP) to check the capacity needed for the Material Requirements Plan (MRP).
Learn to calculate Available Capacity
Available Time
Utilization and Efficiency.
Learn to calculate Rated Capacity.
Gain an understanding of Production Activity Control.
Summary of Manufacturing Planning and Control.
Gain an understanding of Inventory.
Learn about Customer Service and Safety Stock.
Learn about a Stock-Out.
Learn about Inventoy Carrying Costs and Ordering Costs and their relationship.
Understand the Economic Order Quantity (EOQ).
Learn how to manage Inventory.
Learn ABC Analysis and Pareto's Law (the 80/20 rule).
Gain an understanding of Meeting Customer Expectations.
Gain an understanding of Supply Chain Sustainability.

* Requirements

* A computer with an internet connection.
* The willingness to learn.

Description

  • 24 instructor lead and independent exercises and solutions, 40 quiz questions & solutions.
  • Gain an understanding of Demand and the types of demand.
  • Learn to spot the different patterns of demand.
  • Learn to forecast demand using various forecasting techniques, which is the easiest method, which method will give you the best results.
  • Understand forecast error and how to deal with it.
  • Gain an understanding of Manufacturing.
  • Learn the different manufacturing strategies and what environment is suitable for your product.
  • Learn about the Product Life Cycle and how it influences the manufacturing strategy.
  • Learn about the various manufacturing processes and layouts in relation to the product.
  • Gain an understanding of Production Planning.
  • Learn the strategies for developing a Production Plan.
  • Learn Resource Requirements Planning (RRP) to check the capacity needed for the Production Plan.
  • Gain an understanding of the Master Production Schedule and its relationship to the Production Plan.
  • Create a Master Production Schedule, understand Projected Available Balance (PAB).
  • Learn Rough Cut Capacity Planning (RCCP) to check the capacity needed for the Master Production Schedule (MPS).
  • Learn the planning tool Available-to-Promise (ATP) and its relationship to making commitments to customers.
  • Gain an understanding of Material Requirements Planning.
  • Learn about a Bill-of-Material and its importance to Material Requirements Planning.
  • Learn about Manufacturing Lead-Time.
  • Understand how MRP logic works and learn the use of lead-time Offsetting and Exploding.
  • Learn how MRP software works - understand Planning Orders, Released Orders, MRP Action Messages and MRP Exception Messages.
  • Learn Capacity Requirements Planning (CRP) to check the capacity needed for the Material Requirements Plan (MRP).
  • Learn to calculate Available Capacity, Available Time, Utilization and Efficiency.
  • Learn to calculate Rated Capacity.
  • Gain an understanding of Production Activity Control.
  • Summary of Manufacturing Planning and Control.
  • Gain an understanding of Inventory.
  • Learn about Customer Service and Safety Stock.
  • Learn about a Stock-Out.
  • Learn about Inventoy Carrying Costs and Ordering Costs and their relationship.
  • Understand the Economic Order Quantity (EOQ).
  • Learn how to manage Inventory.
  • Learn ABC Analysis and Pareto's Law (the 80/20 rule).
  • Gain an understanding of Meeting Customer Expectations.
  • Gain an understanding of Supply Chain Sustainability.

Course content

14 sections • 84 lectures

Introduction 8 lectures

Let's Get Started - Why take this course? Preview 01:41

This course is ideal for someone wanting to enter the field of Supply Chain, someone wanting a re-fresher in Supply Chain or someone just wanting to learn a new skill that will complement their current knowledge.

Meet the Instructor Preview 01:21

Get to know the instructor, learn about his background, his experience.  Know the main topics that you will learn by the end of the course.

Who is John Mandic? Preview 05:11

A detail review of the instructor's background, education and experience.

What will you learn? Course Outline & Download Course Slides Preview 02:35

A review of the course outline and all the topics that will be covered.

How will you learn? Preview 01:09

The course includes lots of examples, lots of exercises, many quiz questions.

What is a Supply Chain? Preview 01:25

The main goal of a Supply Chain is revealed.

What does a Supply Chain look like? Preview 02:34

The students first look at a Supply Chain.

Navigating the Exercises Preview 01:11

Friendly instructions on how to participate in exercises that students will do on their own.

Supply and Demand 17 lectures

What is Demand? Preview 02:04

Know the different types of Demand.

Understanding Demand Preview 01:19

Understanding the behavior of demand becomes a step in being able to predict it.

Forecasting Demand Preview 02:36

Know the different patterns of demand.

Exercise with instructor - Forecasting using Simple Moving Average Preview 01:47

Exercise using a forecasting demand technique.

Exercise with instructor - Forecasting using Weighted Moving Average Preview 03:34

Exercise using a 2nd forecasting demand technique.

Exercise with instructor - Forecasting using Exponential Smoothing Preview 03:12

Exercise using a 3rd forecasting demand technique.

Understanding Forecast Error Preview 01:33

Understand the difference (or error) between the forecast and the actual demand.

Measuring Forecast Error Preview 01:36

Review of different forecast error measuring techniques.

Exercise with instructor - Cumulative Sum of Error Preview 01:30

Demonstration of the 1st forecast error measuring technique.

Exercise with instructor - Mean Square Root Preview 01:32

Demonstration of the 2nd forecast error measuring technique.

Exercise with instructor - Mean Absolute Deviation Preview 01:34

Demonstration of the 3rd forecast error measuring technique.

Exercise with instructor - Mean Absolute Percent Error Preview 01:22

Demonstration of the 4th forecast error measuring technique.

Understanding Forecast Error - Part 2 Preview 04:40

The goal is to minimize the difference (or error) between the forecast and the actual demand.

Exercise - 3 Month Moving Average Preview 02:47

Student practice exercise.

Exercise - 4 Month Moving Average Preview 01:29

Student practice exercise.

Exercise - Measuring Forecast Error Preview 01:46

Student practice exercise.

Testing Your Knowledge

Manufacturing 6 lectures

Introduction to Manufacturing Preview 01:44

Understand the goal of manufacturing.

Choosing a Manufacturing Environment Preview 01:57

Know the different manufacturing environments.

Product Life Cycle Preview 03:24

Know the different phases that make-up the life of a product.

Choosing your Manufacturing Process and Layout Preview 02:31

Know the different manufacturing layouts.

Exercise - Vocabulary - Match the Word and Phrase Preview 01:27

Student practice exercise.

Testing Your Knowledge

Sales & Operations Planning (S&OP) 8 lectures

What is Production Planning? Preview 01:53

Understand the goal of Production Planning.

Strategies for Developing a Production Plan Preview 02:08

Know the different types of Production Plans.

Exercise with instructor - Calculating Expected Ending Inventory Preview 02:11

Demonstration exercise on how to calculate ending inventory per period.

Exercise with instructor - Developing a Level Production Plan Preview 01:42

Demonstration exercise on how to develop a Production Plan.

Resource Requirements Planning (RRP) Preview 03:02

Know to check the capacity of the Production Plan.

Exercise - RRP Preview 01:40

Student practice exercise.

Exercise - RRP Part 2 Preview 02:23

Student practice exercise.

Testing Your Knowledge

Master Scheduling 7 lectures

What is a Master Production Schedule (MPS)? Preview 01:39

What are the inputs to create the Master Production Schedule.

Exercise with instructor - Creating an MPS plus Projected Available Balance(PAB) Preview 04:57

Demonstration exercise on creating a Master Production Schedule.

Rough Cut Capacity Planning (RCCP) Preview 02:13

Know to check the capacity of the Master Production Schedule.

Available-to-Promise (ATP) Preview 00:47

A planning tool to make commitments.

Exercise with instructor - Calculating ATP Preview 03:37

Demonstration exercise how Available-to-Promise works.

Exercise - Creating an MPS Preview 03:04

Student practice exercise.

Testing Your Knowledge

Material Requirements Planning 15 lectures

What is Material Requirements Planning (MRP)? Preview 01:41

Understand the goal of Material Requirements Planning.

Inputs to MRP Preview 02:01

Inputs that MRP needs to function properly.

Product Structure File or Bill of Material (BOM) Preview 02:34

Understand what is a Bill-of-Material and what information it provides.

Bill of Material - Product Tree Format Preview 01:39

Another format for a Bill-of-Material.

What is a Part Number? Preview 03:08

How items in manufacturing are identified.

Exercise with Instructor - Bill of Material Preview 03:09

Demonstration exercise how to create a bill of material.

Elements of Manufacturing Lead Time Preview 02:13

Understanding what makes up Lead Time.

MRP Offsetting & Exploding Preview 01:04

Major features of Material Requirements Planning.

Exercise with Instructor - MRP Offsetting & Exploding Preview 05:08

Demonstration exercise how Material Requirements Planning works.

Exercise with Instructor - Time Phasing Preview 02:27

Demonstration exercise how Material Requirements Planning schedules orders.

Exercise - Time Phasing Preview 02:21

Student practice exercise.

MRP - Functions & Use of Software Preview 03:14

Understand the functions of Material Requirements Planning.

Capacity Requirements Planning (CRP) Preview 01:01

Know to check the capacity of the Material Requirements Plan.

Understanding Time Fences & Zones Preview 02:47

Understanding schedules and impacts of customer changes.

Testing Your Knowledge

Capacity Planning 4 lectures

Capacity Requirements Planning (CRP) in detail Preview 01:07

Understanding Capacity Requirements Planning.

Determining Available Capacity Preview 04:51

Understanding how to calculate capacity.

Exercise - Rated Capacity Preview 01:49

Student practice exercise.

Testing Your Knowledge

Production Activity Control 2 lectures

What is Production Activity Control? Preview 02:12

Executing the plan.

Shop Order Release Preview 01:57

Review checklist before issuing the order.

Manufacturing Planning and Control (MPC) 2 lectures

MPC Hierarchy Preview 03:31

Understanding the elements of Priority Planning, Capacity Planning and Execution.

Testing Your Knowledge

Inventory 8 lectures

What is Inventory? Preview 02:47

Understanding what is considered inventory.

Customer Service and Safety Stock Preview 03:18

Understanding how much is enough.

Stock-out Preview 01:34

Understanding what's happens when you run out of stock.

Carrying Cost vs. Ordering Cost Preview 02:11

Finding the optimal quantity with the lowest cost.

EOQ Preview 02:02

Lot sizing rule that provides you the lowest cost optimum quantity to order.

Inventory Management Preview 03:54

Strategies for managing inventory.

Exercise with Instructor - ABC Analysis Preview 03:53

Demonstration exercise how to classify inventory using the ABC analysis.

Testing Your Knowledge

Focus on the Customer 1 lectures

Meeting Customer Expectations Preview 02:06

Understanding the customer is key.

Sustainability 2 lectures

What is Sustainability? Preview 02:19

Promoting positive behavior.

Supply Chain Sustainability Preview 01:49

How Supply Chains can support Sustainability.

Closing Remarks 2 lectures

Congratulations Preview 00:49

Acknowledgements Preview 00:16

Next Steps 2 lectures

What's next? Preview 01:13

Topics and lectures still to come.

Supply Chain News Preview 01:41

Update on instructor courses and future plans and projects.